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So once, you deposit, you won't have to worry about ever changing price. However, some crypto-only sportsbooks always hold balances in BTC or a specific cryptocurrency. Nevertheless, payout times can't be predicted, and once you receive the currency from the sportsbook, the value of your coins will reflect the market's moves. However, there are ways around this. Some exchanges would convert received BTC into USD immediately on deposit, using the same conversion fee if one were to do it manually, www.bitstarz legit. Therefore, risks that they act unfairly or conduct an exit scam is also increased, www.bitstarz legit. Coinbase and Xapo are good examples of 'Custodial' wallets because they retain full control of your bitcoin the entire time you use their service. They are basically the 'PayPal' of the crypto-currency world. Allowing a third party to hold your bitcoin can be useful for newbies who do not want the responsibility of keeping their bitcoin safe. For example, companies like Coinbase have customer support teams that you can contact if you forget your password. The biggest drawback is that these companies have to abide by the same anti-gambling laws as any other financial institution and will be forced to close your account if they suspect that you are using it for the purposes of online gambling, www.bitstarz legit.
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